news 
Title: MicroStrategy Joins NASDAQ 100 as Bitcoin Price Soars
As the cryptocurrency market continues to experience unprecedented growth, a significant milestone has been reached by MicroStrategy, a business intelligence company. After witnessing an impressive 14-day climb in stock price, it was officially announced that MicroStrategy (MSTR) will join the prestigious NASDAQ-100 index.
The move is a testament to the company’s remarkable success and its ability to adapt to the rapidly evolving market landscape. Since incorporating Bitcoin into their strategy as a reserve asset, MicroStrategy has seen significant growth in their stock price, with it soaring by nearly 2% on Friday alone.
MicroStrategy’s impressive performance can be attributed to its decision to heavily invest in Bitcoin, which saw an incredible surge of almost 2% on Friday, reaching $101,762.26 as reported by CoinMarketCap.
The correlation between MicroStrategy’s stock price and the rise of Bitcoin has been strikingly strong, reflecting the company’s commitment to the cryptocurrency market.
Source: u.today
